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Shanghai Bao Pharmaceuticals Co., Ltd.

Shanghai Bao Pharmaceuticals Co., Ltd. (2659.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shanghai Bao Pharmaceuticals Co., Ltd..

2659.HKHKSE
HealthcareBiotechnology
HK$17.70
HK$0.34(1.88%)
Hong Kong Market is Open · 15:50

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

2659.HK Technical Analysis Summary

Shanghai Bao Pharmaceuticals Co., Ltd. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.03)
Trend Strength:Strong (ADX: 38.78)
Volatility:High (ATR: 1.80)
Support/Resistance:$16.07 – $20.74 (Bollinger Bands)

This mix signals that Shanghai Bao Pharmaceuticals Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.88

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.24

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.38

Bearish
Selling pressure outweighs buying.

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.38

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 38.78

Strong
Strong trend, momentum well established.

ATR (14): 1.80

Low
Low volatility, stable price action.

CCI (14): -106.39

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.74
Middle Band (SMA 20)
$18.40
Lower Band
$16.07
Current Position
Within Bands

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$22.61
Middle Line (EMA 20)
$19.01
Lower Channel
$15.41
Squeeze Status
Squeeze On

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume10.78M
Money Flow Index68.09Bullish, inflows support continued momentum.
Relative Vigor Index51.27Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2659.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shanghai Bao Pharmaceuticals Co., Ltd., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Shanghai Bao Pharmaceuticals Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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